Aeroflot targeting at least 2,000 job cuts

Aeroflot CEO Vitaly Savelyev said yesterday that the carrier expects to conclude 2009 in the black but that it plans to cut 2,000 jobs over the next six months and is evaluating a reduction of a further 4,000. "The trend is still going toward a decline," he said at an investment conference, according to Reuters. SU employs some 15,500. Savelyev also said the airline's interest in pursuing tie-ups with European carriers may be a thing of the past (ATWOnline, May 5). "No one wants Aeroflot ...

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